For undergraduate students, Woodbury University coordinates a comprehensive financial-aid program consisting of scholarships, grants, loans and part-time employment through funding from state and federal programs, its own resources, and outside/private donors.
The Free Application for Federal Student Aid (FAFSA) and the Woodbury University Application for Financial Aid must be completed by all entering and returning students in order to apply for financial aid. Graduate-student aid packages consist primarily of loans.
A valid FAFSA is required to determine eligibility for the Federal Direct Education Loan Programs. Alternative loan funding may also be an option, however, this type of funding is based on the applicant’s credit history and ratings.
Financial-aid awards will be applied toward direct costs (tuition, fees, materials or lab fees, parking, and any contracted housing and meal plan charges) first. Institutional grants and, typically, most named scholarship awards can only be used to pay tuition.
Woodbury’s Business Office will notify students of any credit balance available on your their accounts after these direct costs have been paid. A credit balances will be refunded to students and may be used to cover indirect costs such as books, supplies, and other miscellaneous expenses.
Graduate students that demonstrate merit based on admit scores and grade point averages may qualify for scholarships and/or teaching assistantships in their program of study. Consult your admissions counselor for more information about these options.
You can view sample financial summaries for students who enter Woodbury during the 2018-2019 school year below:
Learn about the variety of scholarships and grants that are available to Woodbury students.
To encourage and reward academic excellence, each year Woodbury University awards a number of undergraduate merit scholarships based on a student’s academic promise and personal accomplishments. Merit scholarships are awarded to students in their first year at Woodbury. A student’s high school GPA (or college GPA for transfer students) is reviewed to determine which category of merit gets awarded.
As long as the required GPA is maintained, these merit awards are renewable up to an additional three years for standard programs or up to four years for architecture students.
→ PRESIDENTIAL MERIT SCHOLARSHIP $18,000 [3.5 GPA and above]
→ DEAN MERIT SCHOLARSHIP $16,000 [3.0–3.49 GPA]
→ WOODBURY GRANT $6,000—10,000 [2.50–2.99 GPA]
→ PRESIDENTIAL MERIT SCHOLARSHIP $14,000 [3.5 GPA and above]
→ DEAN MERIT SCHOLARSHIP $12,000 [3.0–3.49 GPA]
→ WOODBURY GRANT $5,000–9,000 [2.50–2.99 GPA]
→ PRESIDENTIAL INTERNATIONAL MERIT SCHOLARSHIP $10,000 [3.5 GPA and above]
→ DEAN INTERNATIONAL MERIT SCHOLARSHIP $6,000 [3.0-3.49 GPA ]
Note to students determined eligible for need-based financial aid: financial aid program regulations require the university to include these merit awards as a financial resource when assessing a student’s overall financial needs. Your merit award will be incorporated into your financial-aid package.
Woodbury University administers various scholarships derived from gifts and endowments given to the university by individuals and organizations. Special applications are not necessary for these funds; they are awarded based on availability of funds and the needs of the university as well as a combination of eligibility requirements, such as academic standing, financial need, or criteria specified by the donor.
Woodbury University administers programs funded through the California Student Aid Commission. These undergraduate scholarship programs are awarded on the basis of academic achievement and financial need and can only be used at an approved California college or university. These programs can be used for four years of undergraduate study with a fifth year of eligibility for students in an approved five-year Architecture program.
-Cal Grant A is awarded to the financially needy.
-Cal Grant B is awarded to students from economically disadvantaged backgrounds.
To be considered for a Cal Grant, you must submit a “Cal Grant GPA Verification Form” that has been certified by a high school or college official no later than March 2 of the application year.
The Federal Pell Grant is a direct grant from the federal government to financially needy undergraduate students. Students are restricted to a lifetime eligibility of 6 years as a fulltime student or 600%. For 2019 – 2020, Pell grants will range up to a maximum amount of $6,195.
The Federal Supplemental Educational Opportunity Grant (FSEOG) is federal funding provided to Woodbury specifically to make awards to very-high-need undergraduate students and may range from $200 to $2000 per year.
The Federal Work Study (FWS) enables undergraduate students to earn part of their financial award through part-time employment while attending Woodbury University. Employment is usually on campus, but limited off-campus opportunities may be available as well.
William D. Ford Federal Direct Loan Programs and Federal Direct Stafford Loans (subsidized and unsubsidized) are loans made available through the U.S. Department of Education to undergraduate and graduate students. Undergraduate student loans have a fixed interest rate for subsidized loans and 4.45% (for the 17-18 academic year) for unsubsidized loans. Graduate students are only eligible for unsubsidized loans at an interest rate of 6.0%. Woodbury University determines eligibility based on the student’s cost of education or program costs and expected contributions from income.
Federal Direct Parent Loan for Undergraduate Students (Parent PLUS) is a loan made available through the U.S. Department of Education and is a credit-based loan for parents of dependent undergraduate students. These loans are guaranteed at a fixed interest rate of 7.0%. Creditworthy parents can borrow up to the difference between the cost of attendance for one year and the amount of financial aid the student is eligible to receive.
The Federal Direct Graduate and Professional Student PLUS Loan (Grad PLUS) is a loan made available through the U.S. Department of Education and is a credit-based loan for independent graduate students. Creditworthy graduate students can borrow up to the difference between the cost of attendance for one year and the amount of financial aid the student is eligible to receive. This loan is at a fixed interest rate of 7.0% and deferrable during half-time study.
Alternative Loans are private bank loans for students, designed to help meet the gap between the costs of attendance and financial aid. These loans are not guaranteed by the federal government; therefore, they can carry different fees and interest rates. Careful research is strongly suggested. Students are encouraged to first apply for federal and institutional financial aid before considering an alternative student loan.